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Demand for private jets takes off as prices fall

Once the preserve of the ultra-rich and celebrities, a flight on a private jet is now available for as little as 550 euros (S$939) an hour, with technology and competition helping to bring down sky-high prices - PHOTO: REUTERS

[PARIS] Once the preserve of the ultra-rich and celebrities, a flight on a private jet is now available for as little as 550 euros (S$939) an hour, with technology and competition helping to bring down sky-high prices. A growing number of firms offering such flights have emerged in recent years